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trying to pay for a lot of this by cutting medicare is not the solution. you've got to rearrange medicare, there was a story in the new york times this past week what happens at ucla where they extend life no matter what the cost is, and it becomes well beyond what is reasonable medically. >> as we get older. >> get older. but for example, at ucla medical center, they spend $92,000 i think is the number on the last two years of a life at portland, oregon north of there they spend $52,000 because they have better controls on medicare. so until you begin to pay for value and performance, then health care reform is not going to work despite all of the pieces. >> here we are at the dawn of a new decade. a lot of talk about the old decade. there was a cartoon that caught my eye that shows uncle sam trying to return the first decade of this century to the returns and exchanges bureau and the lady says i'm sorry, sir, we have rules against returning entire decades. but doris, a lot made about the notion of this being a lost decade, lost opportunities, lost wealth
trying to pay for a lot of this by cutting medicare is not the solution. you've got to rearrange medicare, there was a story in the new york times this past week what happens at ucla where they extend life no matter what the cost is, and it becomes well beyond what is reasonable medically. >> as we get older. >> get older. but for example, at ucla medical center, they spend $92,000 i think is the number on the last two years of a life at portland, oregon north of there they spend...
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Jan 24, 2010
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it has a cost of like a trillion dollars over the next 10 years, the medicare drug benefit will, which is about the cost of a health benefit so. these people just have no credibility whatsoever when they complain about deficits. host: your book is about the failure of supply side economics, of reaganomics, as w with a look back to and in chapter two, the triumph of keynesian economics. guest: well, i observed there was a real problem that the existing orthodoxy couldn't handle, the new philosophy, the supply side philosophy came into existence, was implemented, appeared to be successful, and then hence forth, it was applied in every circumstance, whether it was justified or not. so you had kind of a cycle of success and failure. and as i thought about it, i realized the keysnenian economics had gone through exactly the same cycle. it had been implemented in the 1930's, helped end the great depression, but then misapplied in the 1950's and 1960's and gave us inflation. so it seemed there was a similar tree that was interesting, and i tried to ask, what's coming next? host: well, that's
it has a cost of like a trillion dollars over the next 10 years, the medicare drug benefit will, which is about the cost of a health benefit so. these people just have no credibility whatsoever when they complain about deficits. host: your book is about the failure of supply side economics, of reaganomics, as w with a look back to and in chapter two, the triumph of keynesian economics. guest: well, i observed there was a real problem that the existing orthodoxy couldn't handle, the new...
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Jan 29, 2010
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the life of medicare. medicare is going into bankruptcy, but it would extend the life of it. that's an honest and correct score. the congressional budget office utilizes what it calls the unified budget. they scored the whole budget as to how it comes out, and the amount of money is increased to the government through medicare, and they score that as a gain, and then since the health care bill didn't take effect until -- benefits of it until four to five years later, that over ten years it would create a surplus of $132 billion. sound good? well, but i read the small print of the c.b.o. letter and the small print of the medicare letter, and the medicare man hold us, the chief actuary, that if you raise taxes and you cut spending in medicare, it will extend the life of medicare. we had a parenthetical line in there. he said, of course, you can't simultaneously use the medicare savings to fund a new program and claim it does both. you would be spending the money twice. how logical is that, but that's what th
the life of medicare. medicare is going into bankruptcy, but it would extend the life of it. that's an honest and correct score. the congressional budget office utilizes what it calls the unified budget. they scored the whole budget as to how it comes out, and the amount of money is increased to the government through medicare, and they score that as a gain, and then since the health care bill didn't take effect until -- benefits of it until four to five years later, that over ten years it...
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Jan 25, 2010
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it has cost like a trillion dollars over the next ten years, the medicare drug benefit law, which is about the cost of the health benefit. so these people have no credibility whatsoever. >> host: your book is about the failure of supply-side economics, it starts with a look back at fdr. why did you start there? >> guest: my basic idea was that it observed that supply-side economics had gone through a cycle where there was a real problem that the existing orthodoxy couldn't handle. the new philosophy came into existence, was implement, appeared to be successful and it was applied in every circumstance whether it was successful or not. so it was cycle of success and failure. and realize the canessan economics went through the same cycle. it was imcomplemented in the 1930s, helped end the great decision, and then misapplied in the 1950s and 60s and gave us inflation. so there was a symmetry that was interesting, and then i tried to ask, well, what's going to come next? >> host: that's where i'm going to ask you, what comes next? have we come full circle to an kensyaan economics. >> gues
it has cost like a trillion dollars over the next ten years, the medicare drug benefit law, which is about the cost of the health benefit. so these people have no credibility whatsoever. >> host: your book is about the failure of supply-side economics, it starts with a look back at fdr. why did you start there? >> guest: my basic idea was that it observed that supply-side economics had gone through a cycle where there was a real problem that the existing orthodoxy couldn't handle....
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Jan 16, 2010
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we talk about the medicare cuts. a lot of people do not understand that when the medicare bills were written decades ago, many of the health care opportunities that we currently have are not even a part of medicare. they are costing patients hundreds of millions of dollars. they're costing the united states government hundreds of millions of dollars. because i am a respiratory therapist, i will speak directly to that profession. we all know that lung disease is the fourth leading cause of all medical diagnoses. when you look at the reimbursement of medicare on those types of patients, a respiratory therapist cannot provide care to a health care -- of home care or nursing home patient because our services are not reimbursed. only the services of a physician or nurse. i have been a therapist for 25 years. if i go teach a smoking cessation class to chronic pulmonary disease patients, i am not reimbursed by medicare. not only is there an issue of medicare spending and cuts, where there are cost-saving ideas, they are wip
we talk about the medicare cuts. a lot of people do not understand that when the medicare bills were written decades ago, many of the health care opportunities that we currently have are not even a part of medicare. they are costing patients hundreds of millions of dollars. they're costing the united states government hundreds of millions of dollars. because i am a respiratory therapist, i will speak directly to that profession. we all know that lung disease is the fourth leading cause of all...
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Jan 15, 2010
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medicare has lots of fraud in medicare has lots of fraud in it. >> legislation contains a lot of antifraud provisions. we ought to try to make those strong as possible. discussions that are taking place now. let's put the medicare issue in proper context. it is relevant for us in oregon. to me, the central problem with medicare is that it to rewards inefficiency. it essentially pays on the basis of volume rather than quality. and so, we in jordan historically have been discriminated against for holding costs down, for doing a good job. it is relevant in benton county. we have a lot of seniors on medicare advantage. for some time, medicare services in benton county and throughout the valley, it has been hard for the doctors to get adequate reimbursement in order to [unintelligible] if you compare it to other parts of the country, parts of the system that pays on volume rather than quality, many areas of reimbursement is half as it would be [unintelligible] the senate bill -- i was able to get a measure included to get changes in that. under the measure i included, good quality medicare adva
medicare has lots of fraud in medicare has lots of fraud in it. >> legislation contains a lot of antifraud provisions. we ought to try to make those strong as possible. discussions that are taking place now. let's put the medicare issue in proper context. it is relevant for us in oregon. to me, the central problem with medicare is that it to rewards inefficiency. it essentially pays on the basis of volume rather than quality. and so, we in jordan historically have been discriminated...
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Jan 16, 2010
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it is basically medicare. how do you pay for medicare? everyone of us under 65, there is a payroll deduction for fica. if you are 65, parts d medicare is a monthly premium. when we do the public option, how you pay? payroll taxes in your monthly premium which is similar to medicare. it is not funded by the government. whether it exists is a whether or not people participate. it has to be self funded, have the same financial is solvent and environment, and will only exist as long as americans want it. if you do not wanted, do not use it. no one will force you. benefits for the first district, 50,000 uninsured in this congressional district at about 660,000. 17 dozen 900 small-business is will be eligible for tax credits. -- 17,900 small businesses. it has a prescription drug benefit plan. i thought it was a giveaway to the pharmaceutical industries. basically, they pay their premium and once you hit $2,500 you fall into the doughnut hole. you're still paying the premium, but when to hit $2,500 it all comes out of your pocket. what to him a
it is basically medicare. how do you pay for medicare? everyone of us under 65, there is a payroll deduction for fica. if you are 65, parts d medicare is a monthly premium. when we do the public option, how you pay? payroll taxes in your monthly premium which is similar to medicare. it is not funded by the government. whether it exists is a whether or not people participate. it has to be self funded, have the same financial is solvent and environment, and will only exist as long as americans...
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Jan 21, 2010
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the trustees of medicare say that medicare will go broke in eight years. social security will take somewhat longer. but both are on a path to insolvency if we fail to act. mr. president, it hasn't just been from the more liberal side of the spectrum that the criticism has come. also on the right. "the wall street journal," ran this editorial calling the debt reduction commission or the deficit commission a trap. they say it is a trap that will lead to higher taxes, to more revenue. so on the left and the right we have those complaining that if you move forward to deal with the debt, you're going to make reductions in programs and you're goi i think that's undeniably the case. if you're going to deal with this debt threat, we are going to have to make changes in the spending prowewewewewe are goine changes in the revenue base of the country. i would suggest for those who are concerned about tax increases, the first place to get more revenue is not with the tax increase. the first place to get more revenue is to collect what's actually owed. if you examine t
the trustees of medicare say that medicare will go broke in eight years. social security will take somewhat longer. but both are on a path to insolvency if we fail to act. mr. president, it hasn't just been from the more liberal side of the spectrum that the criticism has come. also on the right. "the wall street journal," ran this editorial calling the debt reduction commission or the deficit commission a trap. they say it is a trap that will lead to higher taxes, to more revenue. so...
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Jan 10, 2010
01/10
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it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp medicare .supplement insurance plan... insured by united healthcare insurance company. call now for your free information kit... how ou ould start saving. >>> that's >>> that's our show for today. it's my last regular sunday here at "this week." thanks to all of you for watching for ho so long. thanks to all of you for watching for ho so long. thanks to the staff and we can never be too careful when giving our kids over-the-counter cough and cold medicines. i'm chandra wilson, and i'm a mother of three. children's cough and cold medicines are safe and effective, but like al
it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp...
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Jan 3, 2010
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of medicare. whereas medicaid is for a group where there are probably fewer voters. that is one consequence why medicaid payments have lagged far behind even medicare. >> germans are always so critical of the system. they have a terrific system. the last 20 years they have been engaged in constant reform. i think that they have made their system better. the mix that you have now with about 10% with private interests are the most wealthy people. that is a nice match. in the u.s. we have maybe 20% on medicaid, although it pays for 40% of the births -- there's not enough public support to sustain that at a good quality. that mixture would work for me. >> i was surprised by this question that a lot of americans believe that the doctors can do everything. have you ever checked this fact against the sample of doctors? >> and that is next. >> thank you. [applause] >> think you, panelists. we will take a 15 minute break and then reconvene to talk about making policy. >> federal reserve catcher ben bernank
of medicare. whereas medicaid is for a group where there are probably fewer voters. that is one consequence why medicaid payments have lagged far behind even medicare. >> germans are always so critical of the system. they have a terrific system. the last 20 years they have been engaged in constant reform. i think that they have made their system better. the mix that you have now with about 10% with private interests are the most wealthy people. that is a nice match. in the u.s. we have...
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Jan 7, 2010
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how to make medicare at a fee. host: banks, we will go at this point because we will have an hour-long later on health care. today concerning the senate, your view, the independent line from anderson, indiana. caller: it is truly disgusting after the display of the health care fiasco you have seen. the conservative an element is tearing up the fabric of democracy. after watching the sonia sotomayor confirmation hearings you have a 99 white guys who question people's patriotism if they have any anglo-saxon heritage and any pride in it. but that we were supposed to be a melting pot. with this conservative movement with the next retiring justice -- barack obama will feel somewhat reluctant to appoint anyone but a white person. i know he does not have the gumption to elect a black person. we have seen how he has kowtowed to pressure from the racist, radical right. the senate itself is being used as a mechanism to make a mockery of democracy lately. the senators hold out for special gift for health care. host: thanks fo
how to make medicare at a fee. host: banks, we will go at this point because we will have an hour-long later on health care. today concerning the senate, your view, the independent line from anderson, indiana. caller: it is truly disgusting after the display of the health care fiasco you have seen. the conservative an element is tearing up the fabric of democracy. after watching the sonia sotomayor confirmation hearings you have a 99 white guys who question people's patriotism if they have any...
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Jan 31, 2010
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social security and got the unemployment insurance tamika subsidize housing and in the '60s to got medicare and medicaid so there have been moments of the history when the people and their desires and their anguish over this situation has broken through and then we got legislation that moved away from the traditional class, upper class legislation of the government. but he is extremely important to understand this conflict of interest between government and us. otherwise you will think, and the young guy going off to war will think bush's interest is the same as mine. it is not. nor is exxon's interest the same as mine. nor-cal burton's the interest the same as mine. no, it is a very important thing to learn i think from history. and when you learn, when you study the history of the united states, you did not see the kind of country that we all learn about when we go to school which is a kind of exultation of america. we are not different by the way from other countries. countries everywhere teach their history in nationalists ways. they are all prideful of their flag in their anthem and he
social security and got the unemployment insurance tamika subsidize housing and in the '60s to got medicare and medicaid so there have been moments of the history when the people and their desires and their anguish over this situation has broken through and then we got legislation that moved away from the traditional class, upper class legislation of the government. but he is extremely important to understand this conflict of interest between government and us. otherwise you will think, and the...
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Jan 6, 2010
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>> i think we could do better on medicare fraud and medicaid fraud. there is broad there are providers to build four people or patience they never saw. and we could put more resources behind that. of that is actually done in the clinton administration when shalala was secretary. and it paid off. then it slipped -- slipped behind. it makes doctors very uncomfortable but it is very important. >> "60 minutes" has done some important work on that topic in the public space. we're coming up on one of our. we are done about thank you so much. [applause] >> ladies and gentlemen, over the last two days we have commented on the fact over the past year the global financial crisis has generated consensus here and abroad that the increase government spending of the last year was quite necessary in order to deal with severe long-term consequences of government response is. the point* was too little attention was given to the long term fiscal consequences of programs designed to do with the meltdown of the last year are so. i hope we have dealt with some of those qu
>> i think we could do better on medicare fraud and medicaid fraud. there is broad there are providers to build four people or patience they never saw. and we could put more resources behind that. of that is actually done in the clinton administration when shalala was secretary. and it paid off. then it slipped -- slipped behind. it makes doctors very uncomfortable but it is very important. >> "60 minutes" has done some important work on that topic in the public space....
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Jan 3, 2010
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it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp medicare .supplement insurance plan... insured by united healthcare insurance company. call now for your free information kit... how ou ould start saving. >>> comi >>> coming up next, "the roundtable" and "the sunday funnies." >> it's >> it's not raining over there. >> cherry and passion orange. >> grape? >> looks good. >> how is everybody doing? >> we're great, now. how are you doing? i love you. thank you so much. pleased to meet you. >> it's time to play. >> aloha. >> aloha. >> aloha, president obama, a native hawaiian. the presidency always follows the president. let's
it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp...
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Jan 5, 2010
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it is due to medicare and medicaid programs that has grown as of this expanded medicare coverage. in 2006, it accelerated with the public health care spending trend. in private, it has been growing at a interesting rate. taking a look at greater detail of the spending trend we want to focus on two dozen 6 2007, 2008. -- 2006, 2007 2008. you can see the medical beneficiaries ever given a prescription drugs. you see the impact of strong growth due to the medicare part the program. we also see where these to pay years and return to their normal growth. you see a divergence in to the state where federal spending accelerates in-state local spending slows again. that was mainly due to the a a r ka. personal health-care spending growth as segregated into a couple of broad factors such as price and non price. that includes population growth use and intensity of services as well as revenue from non patients and rep -- operating costs. examining health care spending in this way can get spending in other areas. the non price factors were displayed in the red portion of this exhibit. there ar
it is due to medicare and medicaid programs that has grown as of this expanded medicare coverage. in 2006, it accelerated with the public health care spending trend. in private, it has been growing at a interesting rate. taking a look at greater detail of the spending trend we want to focus on two dozen 6 2007, 2008. -- 2006, 2007 2008. you can see the medical beneficiaries ever given a prescription drugs. you see the impact of strong growth due to the medicare part the program. we also see...
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Jan 1, 2010
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and most people who choose this path are on medicare. the taxpayers are going to assume responsibility. my issue is, a person can have an active plan for their life. they do not have to be on life support. they will have to come in and -- you have the transfer of power. how do we justify a position -- a physician to say that we have to proceed, with not only the person's wishes, and we have to have the best practices for the multiple [unintelligible] they will not come out with a better outcome, based on this situation. host: we have one last caller, from colo.. what do you think? caller: the problem with the bipartisan -- this partisan problem has to do with the term limits. there are too many people there for many years, and we half -- we have passed a law, and now we can go in and the people are so set in their ways that they do not want to change. and this is a major problem. host: do you think that this will change a caller:? -- do you think that this will change? caller: there may be people on twitter, talking about the term limits
and most people who choose this path are on medicare. the taxpayers are going to assume responsibility. my issue is, a person can have an active plan for their life. they do not have to be on life support. they will have to come in and -- you have the transfer of power. how do we justify a position -- a physician to say that we have to proceed, with not only the person's wishes, and we have to have the best practices for the multiple [unintelligible] they will not come out with a better...
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Jan 10, 2010
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it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dlars... on potential out-of-pocket expenses... with an aarp medicare .supplement insurance plan... insured by united healthcare insurance company. call now for your free information kit... how ou ould start saving. >>> that's our show for today. it's my last regular sunday here at "this week." thanks to all of you for watching so faithfully for all these years. thanks to the outstanding crew these years. thanks to the outstanding crew and staff here at "t you can see it on their faces. they want to work, they need a job. and now they have a powerful tool to help. broadband technology is linking those who need work with the jobs that a
it can help cover some of what medicare doesn't... in out-of-pocket expenses. call now for this free information kit... and edicare guide., if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you hoose your doctor. you choose your hospital. there are o networks and no.referrals needed. save up to thousands of dlars... on potential out-of-pocket expenses... with an aarp...
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Jan 12, 2010
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what happens in medicare? you cut my medicare. we are not cutting your medicare. the house bill we are preserving medicare. you still go to your same doctor, same hospital. the only differences are we eliminate the co-pays and deductibles for preventive care. diabetes, prostate, bone density, mammograms, we want to pay for it. we want you to get them. if you have prostate cancer there is a 95% chance of cure rate if we catch it early. if we catch it early we'll be saving money in the long run. you are healthier. taxpayers save money in the long run. we extend the solvency by at least five years. medicare trust fund, remember that doughnut hole? as soon as the president signs the bill, the house version, $500, doughnut hole starts at $3,000 as opposed to $2,500. we fill it in by 2016. medicare, one reason why i didn't vote for the bill, the largest consumer, purchaser of drugs in the country is the federal government for medicare and medicaid, department of defense, v.a. we can't use our purchasing power. your purchasing power to get a better deal on drugs. it's ag
what happens in medicare? you cut my medicare. we are not cutting your medicare. the house bill we are preserving medicare. you still go to your same doctor, same hospital. the only differences are we eliminate the co-pays and deductibles for preventive care. diabetes, prostate, bone density, mammograms, we want to pay for it. we want you to get them. if you have prostate cancer there is a 95% chance of cure rate if we catch it early. if we catch it early we'll be saving money in the long run....
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Jan 13, 2010
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we can't add any more people to our medicaid and medicare plans. mr. gingrey: some of the teachers in the great volunteer state are having to take furloughs and leaves of absences and that kind of thing. mr. roe: we are in the 1940's in education. here is another unfunded mandate that comes to the state and nebraska, the people in nebraska don't have to pay for that. the people of texas do, the people of ohio do, the people of california do, the people of maine do. and this is something that should not be there. when the sun shines on this, this will not happen. that's why it is extremely important for the sun to shine on this process. and you mentioned a moment ago, when you peel the onion back and i have read the house bill and not read the senate bill, if you look at the aarp, there will be an insurance exchangeon this insurance exchange if a company trades on there and this is a private company, the c.e.o. will be limited to a $500,000 salary that is tax deductible. that's fine. if you pay more than that, you have to pay corporate taxes of 35%, plu
we can't add any more people to our medicaid and medicare plans. mr. gingrey: some of the teachers in the great volunteer state are having to take furloughs and leaves of absences and that kind of thing. mr. roe: we are in the 1940's in education. here is another unfunded mandate that comes to the state and nebraska, the people in nebraska don't have to pay for that. the people of texas do, the people of ohio do, the people of california do, the people of maine do. and this is something that...
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Jan 28, 2010
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better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen medicare for seniors, let me know. >> larry: talking tough on terrorism. >> hundreds of al qaeda's fighters and affiliates have been captured or killed. >> larry: what did the president need to say and did he say it? is it going to make any difference? that's all next on a special edition. of "larry king live". well, the state of the union address is over. and the analysis is now continue as they do with us. if you missed any part of the speech, it will be repeated in one hour. wolf blitzer, john king and candy crowley in this segment, then senator john mccain, then a panel of pundits, as they say. wolf, you've seen a lot of these. how do you score this one? >> if you like a lot of wonkish detail, as i do, the president went through a lot of that. so i was just happy that he got into those kinds of specifics. he made his case. and i loved watching it. i'm sure you did, too, larry, a lot of our viewers did, the democrats jumping up, applauding, standing ovations, the republicans sort of sitting
better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen medicare for seniors, let me know. >> larry: talking tough on terrorism. >> hundreds of al qaeda's fighters and affiliates have been captured or killed. >> larry: what did the president need to say and did he say it? is it going to make any difference? that's all next on a special edition. of "larry king live". well, the state of the union address is over. and the...
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Jan 5, 2010
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medicare advantage is a private program. they do not see themselves as a direct recipients. >> how can that be? [laughter] Ñi>> when the medicare point -- plan was set up, it tried to preserve the professional autonomy of doctors and hospitals and people view it that way. >> is a wonder. >> go ahead. >> i am mr. kaplan. no mention has been made of the employer-employee relationship and so much of the medical costs are the employee having an exclusion from income of the cost of plans paid by the employer. now at one time, these costs paid by the employer or taxes. -- were taxes. back in world war ii, when there was great price control and a shortage of labor, great pressure was put on the internal revenue service to come out with a ruling which excluded this from income. it was rather strange. because if the employer paid for your food or your clothing, that would all be taxed. but health care was taken out. that was a way of really attracting more labor back into the market. now what do you think the impact on costs would b
medicare advantage is a private program. they do not see themselves as a direct recipients. >> how can that be? [laughter] Ñi>> when the medicare point -- plan was set up, it tried to preserve the professional autonomy of doctors and hospitals and people view it that way. >> is a wonder. >> go ahead. >> i am mr. kaplan. no mention has been made of the employer-employee relationship and so much of the medical costs are the employee having an exclusion from income...
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Jan 27, 2010
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we need to move forward in terms of other reforms in medicare to make sure we extend the life of medicare, going forward. also, as part of this reform, we close the doughnut hole in the prescription drug care program. host: on the democratic line. laurel, maryland. caller: i am a democrat and i am satisfied with what the president is trying to do. what i want oall of our representatives to remind people is the budget before him did not have the love of the wars for the double you are talking about they keep on talking about cuts in the budget. they are not even adding that picture money. i was for the public option. i have a pre-existing condition, lupus. i had to have a kidney transplant. no, i am not dependent on medicaid, but i also have bluecross blueshield. these people that have medicaid, medicare, and they do not want to help anybody else that is the point i want to get over -- that is the point i cannot get over. guest: with respect to medicare, it has been a very successful program. it has kept millions of seniors from falling into poverty. we need to do everything we can to pres
we need to move forward in terms of other reforms in medicare to make sure we extend the life of medicare, going forward. also, as part of this reform, we close the doughnut hole in the prescription drug care program. host: on the democratic line. laurel, maryland. caller: i am a democrat and i am satisfied with what the president is trying to do. what i want oall of our representatives to remind people is the budget before him did not have the love of the wars for the double you are talking...
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Jan 24, 2010
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and in particular, what's going to have to do programs like social security and medicare and medicaid when the giant baby boom generation begins to retire. and the youngest one is already turned 62 and qualifies for early retirement. and over the next few years, more and more of my generation are going to be drying social security and medicare. and when that have been, the spending for those programs is going to explode. and we've done nothing, absolutely nothing to reform them in such a way as to make them sustainable. and i'm afraid that as time goes by, the deficits were looking at now that we think are one-time only event are liable to become regular events that we have year after year after year, that are inevitably going to have a very negative consequence for interest rates and inflation and at some point we are going to have to do something about it. but i think doing something sooner is going to be a lot less painful than waiting until the last possible moment. >> host: one of your solutions is a value added tax. how will that work? >> guest: my observation of the analysis of
and in particular, what's going to have to do programs like social security and medicare and medicaid when the giant baby boom generation begins to retire. and the youngest one is already turned 62 and qualifies for early retirement. and over the next few years, more and more of my generation are going to be drying social security and medicare. and when that have been, the spending for those programs is going to explode. and we've done nothing, absolutely nothing to reform them in such a way as...
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Jan 6, 2010
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there would be left over profit that could go to medicare. the must be millions who would not use their health care if medicare would open. we don't have to be in the shark tank with private insurers who would deny claims. host: and then they'll, virginia. on the democrats' line. caller: good morning. i think this is pathetic that c- span is sending letters out. i did not ever remember when c- span ever sent a letter during the bush administration. obama said that, yes. he said from the white house. i remember john mccain, both parties, and all -- every other health institution was there to discuss what was going on. if you see the level of people calling, the intellectualism has drastically dropped. the guests invited over at c- span and his supporters and the people who comment always spew their venomous about partisan shship which is not helping. c-span needs to bring intellectuals, people with better credentials, and better recognized professionals to talk about issues. host: on data viewers point we received e-mail's yesterday from viewe
there would be left over profit that could go to medicare. the must be millions who would not use their health care if medicare would open. we don't have to be in the shark tank with private insurers who would deny claims. host: and then they'll, virginia. on the democrats' line. caller: good morning. i think this is pathetic that c- span is sending letters out. i did not ever remember when c- span ever sent a letter during the bush administration. obama said that, yes. he said from the white...
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Jan 20, 2010
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the current health care system has led to skyrocketing costs in medicare and medicaid. to recuse those -- reduce those costs for the long run, we need to pass comprehensive health care reform. that's the first step to get the excessive deficits under control, and that's exactly what we're doing. in late december, the senate passed health care reform, and according to the nonpartisan congressional budget office, our health care reform bill reduced federal deficits by $132 billion in the first ten years. that is -- let me say it again. according to the c.b.o., this health care legislation will reduce federal deficits by by $132 billion in the first ten years. not increase, but reduce. that helps. the bill would reduce federal deficits by $650 billion to to $1.3 trillion the second ten years. that is, the second ten years, there is a much greater reduction in deficit spending, according to the nonpartisan congressional budget office, a reduction between $650 billion to $1.3 trillion reduction in federal deficits in the second ten years. and this deficit reduction is likely
the current health care system has led to skyrocketing costs in medicare and medicaid. to recuse those -- reduce those costs for the long run, we need to pass comprehensive health care reform. that's the first step to get the excessive deficits under control, and that's exactly what we're doing. in late december, the senate passed health care reform, and according to the nonpartisan congressional budget office, our health care reform bill reduced federal deficits by $132 billion in the first...
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Jan 26, 2010
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the same is true of medicare. medicare is cash negative today, and the trustees tell us it will be bankrupt in 2017. eight years -- seven years now from today. mr. president, let me just conclude by saying we've heard over and over people come to the floor and say we know we've got a problem. how do we deal with it? i would suggest to my colleagues, trying what we've been doing is a proven failure. it is time for something different. it is time for an attempt that brings both sides together, republicans and democrats, with an assurance that the recommendations of the commission come to a vote to face up to this debt threat. mr. president and colleagues, make no mistake, this country confronts one of the greatest economic challenges in our nation's history. the question before us today is do we have the courage to stand up to it? and i know groups on the right and the left are right now calling our colleagues, asking them to vote "no." groups on the right saying, well, this could lead to more revenue. groups on the
the same is true of medicare. medicare is cash negative today, and the trustees tell us it will be bankrupt in 2017. eight years -- seven years now from today. mr. president, let me just conclude by saying we've heard over and over people come to the floor and say we know we've got a problem. how do we deal with it? i would suggest to my colleagues, trying what we've been doing is a proven failure. it is time for something different. it is time for an attempt that brings both sides together,...
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Jan 12, 2010
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this is, to me, akin to the historic effort to, for example, put in place medicare and medicaid, but i think it's more like, to my mind, covering the seniors, you know, seniors are no longer the poorest americans, young people are now, kids, but there was a day in american hive when seniors, especially older women really were in needs of protection, a social safety net. we saw some of that with social security and don't forget it covers widows, orphans and that kind of thing and then with medicare, again, to pick up the idea that the elderly should not be struggling for healthcare coverage, and now, i think the extension would be to make sure that all americans have some basic levels of healthcare coverage and that people don't have to scrap for, you know -- don't have to worry about having some catastrophic illness that will bankrupt them. it is not only them. we think of it in terms of individuals, but i can't tell you how often when i'm not doing or or thing, i come across people who are small business owners who complain about the high cost of healthcare benefits for employees an
this is, to me, akin to the historic effort to, for example, put in place medicare and medicaid, but i think it's more like, to my mind, covering the seniors, you know, seniors are no longer the poorest americans, young people are now, kids, but there was a day in american hive when seniors, especially older women really were in needs of protection, a social safety net. we saw some of that with social security and don't forget it covers widows, orphans and that kind of thing and then with...
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Jan 21, 2010
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it's a big roll of the dice for social security and medicare. millions of american seniors rely on social security. social security is a commitment to america's seniors. i might say if we did not have social security, estimates i have seen are about half of american seniors today would be living in poverty. social security basically has kept a lot of americans, senior americans from living in poverty. we should therefore prevent a fast track process from reneging on social security's commitment to those people and putting a lot of people back in poor economic straits. numerous groups representing seniors are called for excluding social security from this fast track process. aarp for one recommends that social security be excluded from the commission's deliberations. this is what aarp says -- "we urge that social security not be considered in the context of debt reduction. this program does not contribute to the annual deficit and its long-term solvency can be resolved by relatively modest adjustments if they are made sooner rather than later." q
it's a big roll of the dice for social security and medicare. millions of american seniors rely on social security. social security is a commitment to america's seniors. i might say if we did not have social security, estimates i have seen are about half of american seniors today would be living in poverty. social security basically has kept a lot of americans, senior americans from living in poverty. we should therefore prevent a fast track process from reneging on social security's commitment...
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Jan 24, 2010
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>> medicare. >> yes! >> they all have supplemental. >> but the reason, what weaver seen with the remarkable dynamic is that the people that have government healthcare, the elderly are most concerned about the reform precise because they're happy. >> because the president proposed to cut 1/2 billion dollars. it was the only way he could pay for example tending the coverage to people that don't want it. >> and individualism and freedom demagogues the cuts the heck out of melt care. they stood up and said read the republican party. our state ronald reagan said it would usher in the error of med sane. >> it was voted on with bipartisan support. i think there were only 30 democrats in the senate. >> tell me this. would you tell me today's republican party would vote for medicare would it not be in place right now. >> you honestly think it would get that many votes right now? >> but it also got a large number of votes in the house. >> the idea the republican party somehow put through it's body in front of healt
>> medicare. >> yes! >> they all have supplemental. >> but the reason, what weaver seen with the remarkable dynamic is that the people that have government healthcare, the elderly are most concerned about the reform precise because they're happy. >> because the president proposed to cut 1/2 billion dollars. it was the only way he could pay for example tending the coverage to people that don't want it. >> and individualism and freedom demagogues the cuts the...
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Jan 21, 2010
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people in medicare advantage. but in our states, if this were to become law, they're out. want to go down to montana. the senate -- the head of the finance committee over in the senate, senator max baucus is from montana. he secured medicare coverage for anybody that's been exposed to asbestos. i think that's ok with me. but you got to read the fine print in all of this business. and it only applies to people who were exposed to asbestos who worked in the mine in libby, montana. so, again, ohio, michigan, tennessee, all the other 49 states, if you were exposed to asbestos, you're not covered. but if you're from montana you are. i yield to mr. mccotter. mr. mccotter: i thank the gentleman. i go back and this segues to another point in the chart, the sweetheart deals that were made with big pharmaceutical industries and others to try to get this bill passed. but the converse is the heartless deals that were also made to get this bill passed. the gentleman has talked about the unfair treatment amongst the states whic
people in medicare advantage. but in our states, if this were to become law, they're out. want to go down to montana. the senate -- the head of the finance committee over in the senate, senator max baucus is from montana. he secured medicare coverage for anybody that's been exposed to asbestos. i think that's ok with me. but you got to read the fine print in all of this business. and it only applies to people who were exposed to asbestos who worked in the mine in libby, montana. so, again,...
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Jan 25, 2010
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does that cut medicare? then on the other side you've got folks that say, does that mean you worry about raising taxes? and those are legitimate concerns. every one of us -- everyone, every family member in america has to deal with this, these kinds of questions in their own family's budget. when we spend more than we bring in, we have to make choices. we have to make adjustments. it's the responsible thing to do. and be it won't be easy. it won't be easy politically, especially with people holding that club of the next election over their heads and say i'm going to beat you into the ground and beat you politically to death if you make these tough choices. but in the end, i trust that the understanding of the american people about their government, the understanding of their own family budgets that they will trust a group of bipartisan lawmakers accountable to the american people who have examined the budget, hashed out their differences and agreed to a plan. that plan will make us solvent again. and without
does that cut medicare? then on the other side you've got folks that say, does that mean you worry about raising taxes? and those are legitimate concerns. every one of us -- everyone, every family member in america has to deal with this, these kinds of questions in their own family's budget. when we spend more than we bring in, we have to make choices. we have to make adjustments. it's the responsible thing to do. and be it won't be easy. it won't be easy politically, especially with people...
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Jan 21, 2010
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and medicare. people are worried about and no one is talking about. that is what the tea party is all about -- leave social security alone and leave medicare alone and if democrats tried to protect the -- protected, maybe they will keep the seats. but when they keep threatening $500 billion for medicare, 20 million illegal immigrants to get the jobs, they will let a problem. host: are you involved with the tea party or watching from the sidelines? caller: just watching from the sidelines but understand our point. to many people doing our jobs -- nobody wants to talk about illegal immigration. the president is turning his back on it and people are fed up, especially when they talk about social security and medicare. i am a baby boomer. my wife will be caught -- retire pretty soon. we are waiting for this and a lot of people feel the same way. host: doris is watching us from chicago on the democrats' line. caller: he did not mention anything about a 40,000 people who die every year who did not have health insurance. massachusetts told the people of the
and medicare. people are worried about and no one is talking about. that is what the tea party is all about -- leave social security alone and leave medicare alone and if democrats tried to protect the -- protected, maybe they will keep the seats. but when they keep threatening $500 billion for medicare, 20 million illegal immigrants to get the jobs, they will let a problem. host: are you involved with the tea party or watching from the sidelines? caller: just watching from the sidelines but...
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Jan 29, 2010
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medicare and medicaid are a massive problem down the road. that is going to be what our children have to worry about. paul's approach, i want to be careful to not simplify this because i know you have a lot of detail in your plan, but i understand it to say that we will provide doctors of some sort for current medicare recipients at the current level. 55 and over. there is a grandfathering in for future beneficiaries. i just want to point out that i have read it. the basic idea is that at some point, we hold medicare costs per recipient constant as a way of making sure that it does not go way out of black. i am sure there are some details -- we hold medicare costs per recipient constant as a way of making sure that it does not have things going out of wahack. it has to be reformed for the younger generations because it is going bankrupt. why not give people the same health care plan we have in congress? that is the kind of proposal of reform for medicare -- [applause] >> as i have said before, this is an entirely legitimate proposal. the prob
medicare and medicaid are a massive problem down the road. that is going to be what our children have to worry about. paul's approach, i want to be careful to not simplify this because i know you have a lot of detail in your plan, but i understand it to say that we will provide doctors of some sort for current medicare recipients at the current level. 55 and over. there is a grandfathering in for future beneficiaries. i just want to point out that i have read it. the basic idea is that at some...
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Jan 31, 2010
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in the '60s we got medicare and medicaid. so there have been moments in our history when the people and their desires and their anguish over the situation has broken through, and then we got legislation that moved away from the traditional class, upper-class legislation of the government. but it's extremely important to understand this conflict of interest between government and us. otherwise, you would think, and the young guy going off to war while the, well, wish this interest was the same as mine. it's not. no one is excellent interests the same as mine. nor halliburton's interest is the same as mine. know. that's a very important thing to learn. i think from history. and when you learn, when you study the history of the united states, you do not see the kind of country that we all learn about when we go to school, which is a kind of america. we're not different by the way than other country. countries everywhere teach their history and a nationalist way. they are all prideful of their flag and their anthem, and you know,
in the '60s we got medicare and medicaid. so there have been moments in our history when the people and their desires and their anguish over the situation has broken through, and then we got legislation that moved away from the traditional class, upper-class legislation of the government. but it's extremely important to understand this conflict of interest between government and us. otherwise, you would think, and the young guy going off to war while the, well, wish this interest was the same...
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Jan 9, 2010
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the medicare advantage program, medicare part b program, health care systems of switzerland or the netherlands arguably also germany contain many of the elements of the exchange. the health alliances are not which the clinton health plan wailled or exchanges. as were in our state based and private purchasing cooperatives which have been tried repeatedly and sometimes with success over the past two decades. the connecticut business industry association represented here today by mr. vogel represents a successful private purchasing cooperative. the of course will each model can be called an exchange they are in fact quite different. indeed the models represented by the house and senate bills are different in very significant ways. the focus of my paper and of my brief presentation this morning is on how the house and senate bills differ and on which model is most likely to result in the exchange the serbs' best the goals that an exchange is intended to fulfill. first, quickly let me ask you the question why do we need an exchange, what do we expect an exchange to accomplish. the exchange is inten
the medicare advantage program, medicare part b program, health care systems of switzerland or the netherlands arguably also germany contain many of the elements of the exchange. the health alliances are not which the clinton health plan wailled or exchanges. as were in our state based and private purchasing cooperatives which have been tried repeatedly and sometimes with success over the past two decades. the connecticut business industry association represented here today by mr. vogel...
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Jan 29, 2010
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social security and medicare? caller: we have to, absolutely. this is where term limits would be very effective. these politicians are now so beholden to their special interests that they cannot tackle those issues because they are afraid they will live get reelected. we have to give the president the line-item veto. i would like to have the president with just 16-year term as well. without term limits, we are putting it on congress. if they do not keep the budget within a certain ratio of the gross national product or whenever they have to do, they cannot run for reelection. just like state governments, they have to balance the budget and if they cannot, we will not re-elect them. host: we will leave it there. jack, in the pan and line. caller: i know the the washington culture needs to change, if you see a building burning you do not ask if we need to put it out. but a couple of comments about fair and balanced. c-span is great. i am wondering how people are talking about the lack of the merits here. what i would like to say is there was a cal
social security and medicare? caller: we have to, absolutely. this is where term limits would be very effective. these politicians are now so beholden to their special interests that they cannot tackle those issues because they are afraid they will live get reelected. we have to give the president the line-item veto. i would like to have the president with just 16-year term as well. without term limits, we are putting it on congress. if they do not keep the budget within a certain ratio of the...
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Jan 22, 2010
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it is a very exciting initiative, ranking right up there with medicare. it is a caucus -- [unintelligible] we hear how they would prefer to go forward. but we will go forward. >> the message seems to be that they want to go in a more moderate direction. >> we have a responsibility to find common ground. 1/3 of the congress participated in those hearings in a bipartisan way. in many cases, some of the republican amendments were adopted. that made it clear that they are not for health care reform. we are. that is the extent that we can find our common ground between those two differences. it remains to be seen. the message from massachusetts is one that we have been hearing for a while about health care reform. it is really important -- and let me say this. as a former chair of the democratic party, i know that elections have an after-action review. there are many factors that contribute to the most votes. many people will be analyzing that for a while. there are times that there are as -- is public unease. let me just say that president obama, one year ago
it is a very exciting initiative, ranking right up there with medicare. it is a caucus -- [unintelligible] we hear how they would prefer to go forward. but we will go forward. >> the message seems to be that they want to go in a more moderate direction. >> we have a responsibility to find common ground. 1/3 of the congress participated in those hearings in a bipartisan way. in many cases, some of the republican amendments were adopted. that made it clear that they are not for health...
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Jan 12, 2010
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you're cutting half a trillion dollars out of medicare. girls are going to be taxing people at a time that they just can't afford it. we can do better. we elected the drawing board and i don't think it's going to take 15 years, not on my watch. i will make it a priority to make sure we have coverage that they can rely on and have the flexibility to be part of. not a one-size-fits-all for the entire country at the really hurting states and their individual right to free market and free enterprise. >> i'm going to tune to you ms. coakley. all of you have talked to the economy and voters in this commonwealth of course but jobs right at the top of their list here at everyone is worried about 10% unemployment nationwide. but it's also true that this terrible economic situation workers find themselves in really comes at the end of a lost decade for american workers. there has been nationwide no net job growth since december 1999 and middle-class families when adjusted for inflation have not seen their incomes rise. what are your plans on only sh
you're cutting half a trillion dollars out of medicare. girls are going to be taxing people at a time that they just can't afford it. we can do better. we elected the drawing board and i don't think it's going to take 15 years, not on my watch. i will make it a priority to make sure we have coverage that they can rely on and have the flexibility to be part of. not a one-size-fits-all for the entire country at the really hurting states and their individual right to free market and free...
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Jan 22, 2010
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in contrast, when george bush and his republican allies in congress designed a medicare prescription drug benefit, they did so without offsetting at all the hundreds of billions of dollars in new spending. indeed, they even larded it up with special deals for the pharmaceutical industry. in other words, the republicans relied entirely on deficit spending to fund a huge new entitlement program. that was the way they actually did business. the republicans lethe republicay on deficit spending to fund a new entitlement program. that is the fact. now republicans inaccurately -- and frankly hypocritically -- rail on budgetary grounds against our efforts to extend health care coverage. but unlike their costly prescription drug bill, our health care bill improves our budget baseline. the baseline we inherited from president bush desperately needs improvement. this next chart shows the deterioration of annual deficits under the previous administration. the facts are plain. george bush vastly increased spending while cutting tax revenues. the structural deficit that he built in and left to pre
in contrast, when george bush and his republican allies in congress designed a medicare prescription drug benefit, they did so without offsetting at all the hundreds of billions of dollars in new spending. indeed, they even larded it up with special deals for the pharmaceutical industry. in other words, the republicans relied entirely on deficit spending to fund a huge new entitlement program. that was the way they actually did business. the republicans lethe republicay on deficit spending to...
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Jan 9, 2010
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>> we have 98% of the people ensured we are going to cut medicare and cut for military people and have a trillion plus to pay for it and we are going to subsidize where other -- what other states have failed. i would stop it and i would ask for them to go back to the drawing board. everyone is entitled to some form of insurance. why do we need a one size fits all? >> sean: what is the latest? everything i'm reading about your race. you have challenged your 0 -- opponent martha cokely to a one-on-one debate. is she willing to debate you? >> i did a small debate today we have one monday she will meet with president ahmadinejad one-on-one but won't meet with me one-on-one. the people are fed up with the way things are going they can go to brown for the senate.com and stop the business as usual not only in massachusetts but more importantly nationally and give me a chance to bring common sense back to washington solve problems be an independent voice and vote for the things not only affecting our state but the country. >> sean: there's a huge controversy surrounding her and i wanted to kno
>> we have 98% of the people ensured we are going to cut medicare and cut for military people and have a trillion plus to pay for it and we are going to subsidize where other -- what other states have failed. i would stop it and i would ask for them to go back to the drawing board. everyone is entitled to some form of insurance. why do we need a one size fits all? >> sean: what is the latest? everything i'm reading about your race. you have challenged your 0 -- opponent martha...
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Jan 26, 2010
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medicare did until just last few years. those surpluses are being spent in our discretionary account. so, really, these programs have little to do with our record deficits. it's discretionary spending up until recently that's driven the entirety of our debt. deficits, for the most part, come from discretionary spending. mr. president, so this statutory idea that i've proposed is tested and proven. the budget enforcement act of 1990, including very similar provisions that kept the growth of the federal spending low for 12 years. its provisions were extended in 1997 because people found that it was working. the congress felt that it was working. all in all these budget rules helped to achieve four balanced budgets for four consecutive years from 1998 to 2001. and the key component of that, i truly believe, was the statutory caps on spending that were passed during that opinion. many current serving senators were in this chamber in the 1990's, and recognized the necessity. in 1997, 28 currently serving democrats, for example,
medicare did until just last few years. those surpluses are being spent in our discretionary account. so, really, these programs have little to do with our record deficits. it's discretionary spending up until recently that's driven the entirety of our debt. deficits, for the most part, come from discretionary spending. mr. president, so this statutory idea that i've proposed is tested and proven. the budget enforcement act of 1990, including very similar provisions that kept the growth of the...
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Jan 14, 2010
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country are hard at work investigating a wide array of financial fraud cases from mortgage fraud to medicare, and health care fraud to securities fraud, to corporate malfeasance. i'm proud that we have put in place a law enforcement response to the financial crisis, that is and will continue to be aggressive, comprehensive, and well coordinated. while the reach of our investigative and prosecutorial function is broad, we do not purport to have all the answers. as a general matter, we do not have the expertise, nor is it part of our mission to opine on the systemic causes of the financial crisis. rather, the justice department's resources are focused on investigating, and prosecuting crime. it is within this context that i am pleased to offer my testimony and contribute to your vital review. the department has a long history of prosecuting financial fraud, an we will continue to do so. working in concert with our federal, state, local, tribal and territorial partners, the justice department is using every tool at our disposal, including new resources, advanced technologies, and communications
country are hard at work investigating a wide array of financial fraud cases from mortgage fraud to medicare, and health care fraud to securities fraud, to corporate malfeasance. i'm proud that we have put in place a law enforcement response to the financial crisis, that is and will continue to be aggressive, comprehensive, and well coordinated. while the reach of our investigative and prosecutorial function is broad, we do not purport to have all the answers. as a general matter, we do not...
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Jan 4, 2010
01/10
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they gave us social security and medicare and workers' rights and a long series of legislative victories which in my view has substantially improved the quality of living. >> host: thank you. michelle malkin? >> guest: well, i don't define the success of a party or the gauge its effect on americans' lives by what it has given legislatively. and i think is a core fundamental belief of my and i think a party that has improved my life is a party that leaves me alone, that has constrained the power of government to interfere in our lives, and unfortunately, and i've been very vocal about this, i think the republican party has failed to live up to its core conservative principles and so many ways. this was -- this was the battle so many grassroots conservatives had with the bush administration over the years whether it was the expansion of the federal role in education with a note child left behind act, the prescription drug plan, the pushing illegal alien amnesty and then the last several months of the bush tenure doing what i consider was pre-socializing the economy for barack obama with th
they gave us social security and medicare and workers' rights and a long series of legislative victories which in my view has substantially improved the quality of living. >> host: thank you. michelle malkin? >> guest: well, i don't define the success of a party or the gauge its effect on americans' lives by what it has given legislatively. and i think is a core fundamental belief of my and i think a party that has improved my life is a party that leaves me alone, that has...
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Jan 27, 2010
01/10
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at a time when people eligible for medicare is going to skyrocket. starting this year, 2010, those who turned 65 or born after world war ii, and for the next 15 years the number of people who are eligible for the medicare program is going to increase dramatically and during that time i think we're going to see he a need to have -- to see a need to have a significant reform for the medicare program but the money saved is going to be made available to have more people covered under the program, not to divert it to set up a whole new government spending scheme. we've been joined by the gentleman from iowa, and i'd like to yield to mr. king for his comments about the balance budget amendment. mr. king: i thank the gentleman from virginia, mr. goodlatte, for leading on this special order tonight and for leading on fiscal responsibility here in the united states congress. this balanced budget amendment is something i'm proud to be an original co-sponsor of. i've done so every time that this has been offered since i've been here in congress and the dialogue
at a time when people eligible for medicare is going to skyrocket. starting this year, 2010, those who turned 65 or born after world war ii, and for the next 15 years the number of people who are eligible for the medicare program is going to increase dramatically and during that time i think we're going to see he a need to have -- to see a need to have a significant reform for the medicare program but the money saved is going to be made available to have more people covered under the program,...
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Jan 10, 2010
01/10
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eye 267
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using medicare and gove)nment insurance, health insurance funds. harry reed let us down on the healthcare reform and there's way - europeans have a gas tax to pay for healthcare. we use 84 million barrels of oil in this country a day. we could pay for healthcare by putting a dollar a tax on gasoline and harry reed let us down by not walking the walk. count less hours on that issue as well. app)eciate your comments on senator reid. roy, republican line. you're on c-span. good morning. caller: i love my country and all it's people so much. i'm so tired of groups being pitted against each other. this is simple when you think about it. the people who support god given free will verses those that don't and you call in and they tell you what you should and shouldn't talk about. that makes my point right there. sir, you can talk about anything you want to and we have a constitution, a bill of rights and a lot of american people call us tea baggers, what you want but we stand up for everyone's freedom and we love this country. happy new year. >> randy, ind
using medicare and gove)nment insurance, health insurance funds. harry reed let us down on the healthcare reform and there's way - europeans have a gas tax to pay for healthcare. we use 84 million barrels of oil in this country a day. we could pay for healthcare by putting a dollar a tax on gasoline and harry reed let us down by not walking the walk. count less hours on that issue as well. app)eciate your comments on senator reid. roy, republican line. you're on c-span. good morning. caller: i...
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89
Jan 28, 2010
01/10
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and social security and it's crowding out our ability to fund medicare and social security t.'s a threat to those programs as well as the long-term fiscal status of our country. finally, i would just point out, madam president, that i just left a budget committee hearing, and mr. elmendorf, the c.b.o. director, testified this number today and indicated to us that if several more things that probably are likely to occur, occur -- which he did not use in his calculations the number here would be much worse, much higher. he says we are facing a critical economically threatening force of debt that we have got to do better about. and so did chairman conrad and so did ranking member gregg in their opening statements. i would point out that he reaffirmed their score that under the present path we are on, we now pay in 2009, $170 billion per year in interest. that's what we pay on people who loaned us money. the public debt. by 2019, ten years, that debt will triple from $5.7 trillion to over $17 trillion. and the interest we pay in one year on that debt is $799 billion. and when you t
and social security and it's crowding out our ability to fund medicare and social security t.'s a threat to those programs as well as the long-term fiscal status of our country. finally, i would just point out, madam president, that i just left a budget committee hearing, and mr. elmendorf, the c.b.o. director, testified this number today and indicated to us that if several more things that probably are likely to occur, occur -- which he did not use in his calculations the number here would be...